…and now your going to starting seeing, Panic, Act 2…
Suddenly, people are going to start worrying about europe (again). First it will be Spain, and then Greece again. You’ll have a bunch of governments clamouring for austerity again…You’ll have a bunch of socialites clamour for entitement benefits and strikes. Asian will react. China will report slowed growth. Not that it will be that bad. Except people will freak out…. It will spill over into the United States. Earnings will come in light…Expectations will be reset…. And pretty soon, well see below 13,000 dow again, probably to around 12,800, before helicopter Ben speaks and offers the next hat trick.
Too bad this shit didn’t happen last week…Would have made for an interesting debate…
So glad I’m out last week. Thank you scardey for reminding me when I saw your post…